The Construction Estimating Process Is ____

question 5

Multiple Choice

The construction estimating process is ____.

• A) fairly simple involving standard calculations
• B) a career skill that is typical among drafting clerks
• C) limited to CAD managers in small construction firms
• D) not normally part of the CAD technician's job

---

Definitions:

Fixed Costs

These are business expenses that do not vary with the level of goods or services produced, such as rent, salaries, and insurance.

Accounting Break-even

The point at which a company's total revenues equal its total expenses, resulting in neither profit nor loss, from an accounting perspective.

Production Process

The sequence of operations that transforms raw materials or inputs into finished goods or services.